AIC adjusts three sectors after review
- On March 30, 2023
- By GrowthInvest Marketing
The Association of Investment Companies has renamed three investment company sectors after a review, resulting in one trust moving sectors.
The Financials, India and Technology & Media sectors will be renamed Financials & Financial Innovation, India/Indian Subcontinent and Technology & Technology Innovation respectively.
Changes to sector names and definitions
|New sector name||New sector definition||Previous sector name||Previous sector definition|
|Financials & Financial Innovation||Invests in financial services companies and related sectors, which may include industries such as banking, insurance, capital markets and fintech.||Financials||Invests in financial service businesses.|
|India / Indian Subcontinent||Invests in the shares of quoted companies in India or Indian subcontinent.||India||Invests in the shares of quoted Indian companies.|
|Technology & Technology Innovation||Invests in technology and related sectors.||Technology & Media||Invests in technology and media.|
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